Union Global Partners Limited (UGPL) News

Bob Diamond, Co-Founder, Atlas Mara

Bob Diamond's Atlas Mara successfully increases stake in Union Bank of Nigeria to 29.9%

Atlas Mara Co-Nvest Limited ("Atlas Mara" or the "Company") has successfully completed its previously announced acquisition of approximately 20.9% in Union Bank of Nigeria Plc ("UBN"), from Asset Management Corporation of Nigeria ("AMCON"), for a purchase price of approximately $250 million (the "Transaction").